Mortgage loan process of private lending real estate: 1, initiate loan application. The purpose, amount and duration of the loan proposed by the borrower to the financial institution. If the loan application meets the loan scope of this financial institution, then you need to prepare the corresponding information. 2. Prepare loan information (different materials will be provided according to different banks). Generally speaking, if it is a personal mortgage loan, you need to provide your own and your spouse's ID card, household registration book, income certificate, corresponding personal consumption contract, marital status certificate and house ownership certificate. If the enterprise needs to mortgage the real estate, the materials to be provided include: three certificates, account opening permit, articles of association, enterprise capital verification report, purchase and sale contract, running water of the last six months, financial statements of the previous year, financial statements of the last six months, and proof of assets. 3. look at the house. After submitting the above materials, the bank shall conduct on-the-spot investigation and evaluation of the mortgaged property according to the submitted materials. 4. Apply for a loan. Submit all loan review materials and evaluation reports or investigation opinions to the bank for approval. At this time, the loan customer must pay attention and prepare all the information to prevent the loan progress from being affected. 5. Notarization of loan contract. The borrower-level mortgagor fills in the loan contract and all relevant documents, signs them, and notarizes them by the notary. 6. Mortgage registration procedures. The bank shall go through the mortgage registration formalities in Chaquan with the house ownership certificate and notarized loan contract. 7. Bank loans. Due to the different regulations of banks, loans will be made to the accounts of cooperative merchants in the form of cash, punch card or remittance. 8. Repay on schedule. This is an important link to establish a good credit. If the loan is repaid in full and on time, it will play a positive role in promoting the borrower to borrow again and find a job in the future. 9. After the loan is settled, handle the account cancellation procedures. Note that after the loan is settled, go to the real estate bureau to go through the mortgage cancellation procedures.
How to operate private lending?
1. Lenders and borrowers negotiate on loan principal interest rate and other matters.
2. The borrower and the borrower sign a loan agreement.
3. The lender shall pay the corresponding cash to the borrower according to the loan agreement.
4. The borrower repays the loan according to the contract.
It should be pointed out that the law stipulates that the interest rate of private lending shall not exceed 36%. If the private loan is paid off in advance, and there are no clauses such as liquidated damages in the loan contract, no relevant fees will be charged.
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What are the procedures for private mortgage loans? What are the precautions for private loans?
In the market, when people talk about mortgage loans, the first thing that comes to mind is banks. In fact, besides banks, people can also apply for mortgage loans. So, what are the procedures for private mortgage loans? What are the precautions for private loans? Next, let's take a look.
What are the procedures for private mortgage loans?
It is not difficult to understand that private property mortgage loan is a way to borrow money from people, not from banks, but from individuals, or from individuals to enterprises, with their own or third-party property as collateral. Funds can be used for operation, business turnover or other consumption. In addition, it should be noted that the property you own can still have the right to use the house, including living, operating or renting. Among them, the procedures of private mortgage loans generally have the following points:
(1) Apply for a loan. The purpose, amount and duration of the loan proposed by the borrower to the financial institution. If the loan application meets the loan scope of this financial institution, then you need to prepare the corresponding information.
(2) Prepare loan information (different materials will be provided according to different banks). Generally speaking, if it is a personal mortgage loan, you need to provide your own and your spouse's ID card, household registration book, income certificate, corresponding personal consumption contract, marital status certificate and house ownership certificate. If the enterprise needs to mortgage the real estate, the materials to be provided include: three certificates, account opening permit, articles of association, enterprise capital verification report, purchase and sale contract, running water of the last six months, financial statements of the previous year, financial statements of the last six months, and proof of assets.
Among them, this is a very important link in the process of real estate mortgage loan, because many customers are in urgent need of money when lending. If these materials can be prepared in advance, it will save a lot of trouble.
(3) Housing evaluation. After submitting the above materials, the bank shall conduct on-the-spot investigation and evaluation of the mortgaged property according to the submitted materials. Each link is an important link in the process of real estate mortgage loan, which directly determines the amount of your mortgage loan. Generally speaking, there will be some discrepancy between this assessment and the market price, because the assessment agency will consider multiple factors.
(4) apply for a loan. Submit all loan review materials and evaluation reports or investigation opinions to the bank for approval. At this time, the loan customer must pay attention to preparing all the information. If anything is omitted, it will affect the loan progress.
(5) notarization of loan contract. The borrower-level mortgagor fills in the loan contract and all relevant documents, signs them, and notarizes them by the notary.
(6) mortgage registration procedures. The bank goes to Chaquan for mortgage registration with the house ownership certificate and notarized loan contract.
(7) bank loans. Due to the different regulations of banks, loans will be made to the accounts of cooperative merchants in the form of cash, punch card or remittance.
(8) Repayment on schedule. This is an important link to establish a good credit. If the loan is repaid in full and on time, it will play a positive role in promoting the borrower to borrow again and find a job in the future.
(9) After the loan is settled, handle the account cancellation procedures. Note that after the loan is settled, go to the real estate bureau to go through the formalities of mortgage cancellation, so as to avoid unnecessary trouble in the future.
What are the procedures for private mortgage loans? What are the precautions for private loans? In view of these two problems, the above contents are briefly introduced and explained, hoping to help everyone.
How to get a personal loan of 50 thousand
Ordinary people can borrow 50,000 yuan in the following ways:
1. Bank loan is a common loan method. You can borrow 50,000 yuan from the bank. You can go to any business outlet of the loan bank with your ID card, fill in the loan application form with the assistance of the bank staff, fill in the relevant personal information and loan amount, and submit personal materials such as ID card, household registration book and income to the bank for review. This kind of credit loans are generally not high in amount, and are often aimed at middle and high-end customers, so the application threshold is high. If you have a mortgaged or pledged property approved by the bank, it is recommended to apply for a personal mortgage loan from the bank. This kind of loan has the advantages of large amount and low interest rate, but the procedures are complicated, and the application period is generally more than one month, which is not suitable for borrowers who are in a hurry to use money. If you have a credit card, you can also apply to the bank for credit card installment payment. This kind of business application is very fast, usually you can get a loan in a week or so. At present, some foreign banks apply for personal loan products faster, such as Standard Chartered Bank's current loan school and Citibank's happiness loan, but their business is limited to a few first-tier cities, and borrowers in most cities can only match them.
2. You can borrow money through online platforms such as Alipay, open Alipay, click Borrow-Borrow, fill in the required amount, choose the borrowing time, and choose the repayment method.
3. Private lending institutions Personal loans Like banks, lending companies also have personal mortgage loans and personal businesses. In terms of application threshold and application speed, private lending institutions have low application threshold and simple procedures, including consultation, application, submission of materials and approval, which can be completed as soon as 1 day. Although the application speed is faster, the loan contract will be signed face to face, and the loan can be released as soon as 1 day. It usually takes about 3 days from the borrower's application to the loan, which is fast and convenient. It is most suitable for people who have no mortgage conditions and are in a hurry to use money.
Private lending process
The process of private lending is divided into the following four steps: 1. Conduct credit investigation on the other party to ensure future repayment ability. The larger the amount, the more detailed the investigation should be; 2. Require guarantee, including but not limited to real estate, equity, guarantor, etc. ; 3. Conclude a written private lending contract; 4. Whether borrowing money by cash, bank transfer or online electronic remittance, the other party is required to sign the receipt. Article 667 of the Civil Code is a loan contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest. Article 668 A loan contract shall be in written form, unless otherwise agreed between natural persons. The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method. Article 669 When concluding a loan contract, the borrower shall, at the request of the lender, provide the true information about the business activities and financial status related to the loan. Article 680 usury is prohibited and the loan interest rate shall not violate the relevant provisions of the state. If there is no agreement on the payment of interest in the loan contract, it shall be deemed that there is no interest. If the loan contract does not specify the payment method of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined according to the local or the parties' trading methods, trading habits, market interest rates and other factors; Loans between natural persons are regarded as interest-free.
What is the process of private lending?
In fact, private lending refers to an act of self-financing by financial institutions and their branches engaged in loan business between natural persons, legal persons and some organizations, or between them, rather than after being approved by the financial supervision department. The process of private lending is generally as follows: first, both borrowers and borrowers need to meet certain conditions and must be able to provide the documents needed for private lending. The most basic thing is personal identification. If the borrower has agreed on a guarantor, it shall also provide the identity certificate of the guarantor. Second, both parties need to negotiate the loan principal and its interest rate by themselves. If the annual interest rate agreed by the borrower and the borrower does not exceed 24%, the lender may require the borrower to pay the corresponding interest at the agreed interest rate, and the people should also support it. However, if the annual interest rate agreed by both borrowers and borrowers has exceeded 36%, the agreed interest rate for the excess part is invalid. Third, the guarantee procedure. When both borrowers and borrowers borrow money, if the borrower needs to borrow a large amount, or there are certain risks, then the borrower needs to perform the guarantee and mortgage procedures by himself, and need to provide other economically powerful third parties as guarantees, or sign a reasonable loan agreement with his own movable or immovable property as collateral. Fourth, when concluding an agreement, don't be ashamed to sign it because the other party is your good friend or relative. Many private loans are generated because there is no written evidence, and some lenders may lose the case. Therefore, when borrowing money, both parties must sign a written agreement, in which the type, term, purpose and repayment method of the loan are clearly written, and both parties need to sign, and each party holds one copy. In private lending activities, it must be legal, because only legal lending can finally be protected by law.